The EURUSD pair traded with clear positivity yesterday and tests the intraday bullish channel’s resistance line now, getting continuous positive support by the EMA50, waiting for more rise to test 1.1888 that represents our main target.
Therefore, we will continue to suggest the bullish trend for the upcoming period conditioned by the price stability above 1.1780, noting that breaching 1.1888 will extend the bullish wave to reach 1.1975 as a next main station.
The expected trading range for today is between 1.1780 support and 1.1920 resistance.
The expected trend for today: Bullish
Origin: Economies
